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3 years ago

what would the length of time you have had a checking or savings account help determine your credit score?

Business

1 answer:

GenaCL600 [577]3 years ago

8 0

It shows a pattern of responsibility.

If you have only had accounts for 1 month, it doesn't really give a full picture of whether or not you always make your payments on time, etc. However if you have had accounts for 20 years, creditors have more history to look through to determine if you are responsible.

Keep in mind, checking and savings accounts are not the primary type of accounts that creditors want to look at because those only deal with spending money you already have. Lenders really want to know how you handle money that you borrow, such as school loans, credit cards, rent payments, and auto loans.

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Risks of fixed costs of a business are more for an alliance than an independent firm.

frosja888 [35]

False. Risks of fixed costs of a business are more for an alliance than an independent firm. Businesses have risks and without any risk, comes a smaller reward. Taking a risk often yields a larger profit and room to grow/expand. Fixed costs are are costs that stay constant no matter the quantity of goods or service produced.

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3 years ago

Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, inclu

xenn [34]

Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, including pilots. Employees exempt from the Fair Labor Standards Act's overtime provisions include all of the following except (A) aircraft mechanics

Explanation:

Section 13(a)(1) of the Fair Labor Standards Act's-FLSA provides an exemption from both minimum wage and overtime pay for employees who are employed as bonafide executive, administrative, professional and outside sales employees.

Section 13(a)(1) and Section 13(a)(17) of Fair Labor Standards Act's also exempt certain computer employees.

To qualify for exemption under the Fair Labor Standards Act , employees generally must meet certain tests regarding their job duties and be paid on a salary basis at not less than $684* per week.

6 0

2 years ago

Yum Yum Ice Cream Shoppe provides each employee with a clean, sharp-looking uniform. It also instructs employees to keep the wor

krok68 [10]

Tangibles

hope this helps! :)

7 0

2 years ago

Vertical integration is: a. A firm's ownership of vertically related activities b. A firm's control over its input sources and t

ANEK [815]

Answer:

A firm's ownership of vertically related activities

Explanation:

As we know that

There are two types of integration i.e horizontal and vertical

The horizontal integration is the integration in which two or more firms amalgamate dealing in the same type of business i.e their products and the level of production is same

While on the other hand the vertical integration is the integration in which the one firm acquired or purchased another firm dealing in different stages but the production level remains the same

Hence, the first option is correct

7 0

3 years ago

Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to enter markets that differ g

vichka [17]

Answer: (B) The firm is using a regional approach to international expansion

Explanation:

The Skaredykat Inc., is one of the firm which is using a regional approach or strategy for the international expansion purpose beyond its actual home market.

A regional approach is one of the type of business strategy that helps in boost the performance of an organization and it is typically used in the global initiatives.

According to the given question, The firm is using the regional approach for the purpose of international expansion that also include its home country and by using the proper business planning and also strategies we can easily expanding the business into international level.

Therefore, Option (B) is correct answer.

7 0

3 years ago